Paul Krugman

@paulkrugman ↗

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Last Checked Oct. 8, 2020

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Thu Sep 17 18:35:50 +0000 2020

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Paul Krugman @paulkrugman

This chapter includes examples of policies that clearly reduced national income, but were adopted because they served particular well-connected groups. And you'd think it would be easy to update to the Trump era, which is a golden age of crony capitalism 4/ — PolitiTweet.org

Posted Sept. 17, 2020

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Paul Krugman @paulkrugman

I've been co-author of an intermediate textbook on international economics for many editions — I think we used stone axes to chisel out the first edition — and we've always included a ch on political economy of trade policy, emphasizing the importance of special interests 3/ — PolitiTweet.org

Posted Sept. 17, 2020

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Paul Krugman @paulkrugman

But here's where I'm having trouble: to a first approximation, nobody wants the Trump trade war. A few US companies have benefited, but very little grassroots demand from either workers or corporations. By and large, this whole thing reflects Trump's personal obsessions 5/ — PolitiTweet.org

Posted Sept. 17, 2020